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Ball State University's Peer Review Calls Feasibility Into Question

On March 4, 2015, Ball State University's Center for Business and Economic Research released a detailed peer review of the Mounds Lake Reservoir's existing Phase I and Phase II studies.

The experts who conducted this peer review were not involved in the planning of the project nor affiliated with the project in any way that would constitute an inherent bias in the their analysis. They are technical experts in related disciplines related to the geological, economic, and cultural concerns associated with the Mounds Lake Reservoir project, including:

  • Geological Sciences

  • Anthropology

  • Archaeology

  • Sociology

  • Economics

  • Biology

  • Urban Planning

The conclusion of their analysis is detailed in the documents provided on the Ball State University website, but the point that we find most relevant is this statement extracted from point 4 of their Common Statement on Mounds Lake Reservoir, which calls into question the validity of the "feasibility" claims being made based on these studies:

Many of the criticisms we note in this report address elements that are not part of the existing Phase II analyses. Thus, this should be viewed as inadequacies of the overall study design, not the individual elements which we review. Nevertheless, these omissions represent significant gaps in data and analysis regarding the Mounds Reservoir proposal. We believe that neither the rigor of the methods of evaluation nor the detail of the information presented in both the Phase I and Phase II Studies are sufficient for the public to evaluate the degree of adverse effects or the financial feasibility of this proposal. In particular, at this juncture, the conclusion of financial feasibility of the Mounds Lake Reservoir is not supported by the data or analysis presented in the Phase I and Phase II studies.